News
Germany's inflation eases to 2. 3% in June as oil prices fall
7+ hour, 45+ min ago (502+ words) Germany's inflation slowed to 2. 3% year-on-year in June as oil prices fell, preliminary data from the Federal Statistical Office showed on Tuesday. In May, consumer prices had risen 2. 6% year-on-year, after a 2. 9% increase in April - the highest rate since January 2024. Filling up…...
US consumers regain some cautious optimism as fuel costs decline
7+ hour, 49+ min ago (393+ words) Americans" attitudes toward the economy improved slightly this month as gas prices declined, but their outlook is still mostly negative by historical standards. The Conference Board said Tuesday that its consumer confidence index rose 0. 6 point to 91. 2 in June, a figure…...
Gold prices may remain under pressure over next month: Analysts
2+ day, 7+ hour ago (695+ words) Gold prices are likely to remain under pressure over the next month amid global macroeconomic factors, while volatility is expected to persist as investors closely monitor the US Federal Reserve's policy trajectory, inflation trends, the US dollar and geopolitical developments,…...
US jobless claims fall as layoffs stay low
3+ day, 7+ hour ago (235+ words) Fewer Americans applied for jobless aid last week as layoffs remain low despite economic headwinds that are creating uncertainty for businesses. US applications for unemployment benefits in the week ending June 20 fell by 12, 000 to 215, 000, the Labor Department reported Thursday. That's…...
US dollar hits 13-month high amid interest rate hike expectations
6+ day, 6+ hour ago (460+ words) The US dollar extended its rally on Wednesday, climbing to its highest level in 13 months against a basket of major global currencies as investors sought the relative safety of the greenback amid a sharp sell-off in technology stocks and growing…...
Bank of Japan hikes rates despite global economic uncertainty
2+ week, 7+ hour ago (438+ words) The Bank of Japan hiked interest rates to a 31-year high Tuesday as it battles inflation caused by the Middle East war, even after Washington and Tehran agreed a peace deal. The central bank for the world's fourth-largest economy raised…...
Turkiye industrial output posts strongest rise in 8 months
2+ week, 1+ day ago (192+ words) Qatar Tribune - Turkiye industrial output posts strongest rise in 8 months Turkiye's industrial production registered the strongest annual increase in eight months, according to official data released on Monday. The seasonally adjusted industrial production index rose 6% year-over-year in April, the Turkish…...
Turkiye says disinflation to get back on track after short delay
2+ week, 2+ day ago (199+ words) Turkiye's disinflation process will get back on track after a delay of a few months, Treasury and Finance Minister Mehmet "im'ek said on Friday. "im'ek also pledged to meet budget targets even as the government waived income with steps to…...
QDB, SACE sign export credit reinsurance agreement to boost bilateral trade ties
2+ week, 3+ day ago (1143+ words) Tribune News Network Doha Qatar Development Bank (QDB) and SACE, Italy's export credit agency and one of the world's leading Export Credit Agencies (ECAs), signed an export credit reinsurance agreement on June 11, 2026, on the sidelines of TXF Global 2026: Export, Agency…...
China's consumer prices keep rising after holiday spending surge
2+ week, 5+ day ago (742+ words) China's consumer prices rose during the first two months of the year as a longer-than-usual Chinese New Year holiday drove a surge in spending, though analysts cautioned that Beijing might need to implement stronger measures to boost demand to sustain…...